Kai Risdahl

Tariff policy, tariff rates have been changed like 50 times or something in the past 12 months.

Tariff policy, tariff rates have been changed like 50 times or something in the past 12 months.

Let's talk about what you and by you, I mean all of us, because we in the business and economic press, a lot of observers and analysts and folks at the Budget Lab, we expected this was going to be really, really, really bad for this economy.

Let's talk about what you and by you, I mean all of us, because we in the business and economic press, a lot of observers and analysts and folks at the Budget Lab, we expected this was going to be really, really, really bad for this economy.

And it has only been kind of bad.

And it has only been kind of bad.

I mean, it hasn't been as bad as we thought, I guess, is the gist here.

I mean, it hasn't been as bad as we thought, I guess, is the gist here.

And and why?

And and why?

That's a key point that these companies are getting sick and tired of absorbing these costs.

That's a key point that these companies are getting sick and tired of absorbing these costs.

And we've talked about that a little bit.

And we've talked about that a little bit.

Last thing, and then I'll let you go.

Last thing, and then I'll let you go.

And it comes with the acknowledgement that you are a professor of law and a budget person, not a professor of international politics and trade policy.

And it comes with the acknowledgement that you are a professor of law and a budget person, not a professor of international politics and trade policy.

But there is an international aspect to this.

But there is an international aspect to this.